Compare CrossLink 1040 and TaxWise - Oct 2022

Shlomi Lavi

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Bottom Line: Which is Better - CrossLink 1040 or TaxWise?

TaxWise is more expensive to implement (TCO) than CrossLink 1040, and TaxWise is rated higher (85/100) than CrossLink 1040 (74/100). TaxWise offers users more features (7) than CrossLink 1040 (3).

Looking for the right Business tax solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

CROSS LINK Professional TaxSoftware Vs. CCH Small Firm Services.

CROSS LINK Professional TaxSoftware: CrossLink 1040 is the industry's leading desktop tax software solution for high-volume tax businesses. Built based on the needs of busy tax offices that specialize in providing their clients with fast and accurate tax returns, CrossLink 1040 has been a trusted solution since 1989. With industry-leading tools such as Point-and-Shoot Error Correct...

CCH Small Firm Services.: At CCH Small Firm Services, we focus on the needs of small tax and accounting firms—businesses that generally have five or fewer employees. We also serve commercial tax preparers, with one office or sometimes hundreds of offices, who offer tax services in a retail environment similar to well-known national tax chains. And for 11 years, SFS has prov...

Who is more expensive? CrossLink 1040 or TaxWise?

The real total cost of ownership (TCO) of Business tax software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for CrossLink 1040 and TaxWise.

CrossLink 1040 price starts at $1,495 per license , On a scale between 1 to 10 CrossLink 1040 is rated 2, which is much lower than the average cost of Business tax software. TaxWise price starts at $2,575 per license , When comparing TaxWise to its competitors, the software is rated 4 - lower than the average Business tax software cost.

Bottom line: TaxWise is more expensive than CrossLink 1040.

Which software includes more/better features?

We've compared CrossLink 1040 Vs. TaxWise based on some of the most important and required Business tax features.

CrossLink 1040: Data Import/Export, Basic Reports, Online Customer Support.

TaxWise: Estate/Trust/Retirement, Income Tax Prep, Investment and Rental Property, Limited Liability Company (LLC), Partnership.

Target customer size

The software can be used for both personal and commercial purposes. Taxwise is suitable both for companies with complex taxing processes, mainly multi-branch enterprises, as well as smaller scale companies that need a fast accounting solution that addresses their needs.